ACME Bagged new tenders in Andhra Prasesh, Telangana

ACME has got new tenders for developing 200 MW solar power projects in separate bids conducted by Solar Energy Corporation of India and NTPC in Telangana and Andhra Pradesh, according to a source. ACME got largest share of 150 MW out of 400 MW at fixed tariff of INR 4.43 per unit in addition to viability gap fund of INR 55 lakh per MW. The tender was floated by Solar Energy Corporation of India Limited (SECI) under Jawaharlal Nehru National Solar Mission Phase-II Batch-III. ACME also won a 50 MW project at the NTPC tender floated in Telangana. NPTC under Jawaharlal Nehru National Solar Mission called bids for developing 350 MW under open category. Power from this project will cost INR 4.67 per unit for 25 years.